Values have been changing and have risen £723 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,952 in last 6 months, £1,363 in last 1 year, £4,443 in last 2 years, £3,560 in last 3 years, £1,857 in last 4 years and £1,413 in last 5 years.
Currently average asking price of a property in Rowan Court, Spennymoor, DL16 is around £158,746 based on approximately 2 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,279 per month.
Estimated property value in Rowan Court, Spennymoor, DL16 is £90,350. Average asking price is £158,746 while average price paid is £84,000 which is up by £1,363 and Avg. asking rent £1,279.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Rowan Court, Spennymoor, DL16 area. In last 1 year alone average price buyer paid is around £84,000 based on approximately 2 sales in Rowan Court, Spennymoor, DL16 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £71,218. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £75,250 for 13 and average amount paid for purchase of approx. 19 properties sold in last 7 years comes to about £80,986 per sale.